ST Tai Zhong: The company received an "Administrative Penalty Decision" and was fined 8 million yuan for suspected violations of information disclosure laws and regulations.

ST Tai Zhong announced that the company and related personnel have received an "Administrative Penalty Decision" issued by the Shanxi Regulatory Bureau of the China Securities Regulatory Commission. Due to the company's suspected illegal activities in information disclosure, the CSRC has initiated an investigation into the company. It was decided to impose administrative penalties on Taiyuan Heavy Industry, order corrections, issue a warning, and impose a fine of 8 million yuan. At the same time, fines were imposed on Zhang Zhide, Han Zhentang, Tao Jiajin, Bu Yanfeng, Duan Zhihong, Hao Jiefeng, Yang Shan, Fan Weimin, Wang Chuangmin, He Ji, Li Yumin, Du Meilin and others, and a lifetime ban from the securities market was imposed on Fan Weimin, and a ban from the securities market was imposed on Wang Chuangmin, He Ji, and Zhang Zhide.